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Sarasota - Bradenton - Venice area Manatee and Sarasota Counties
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Old 01-22-2012, 04:44 AM
 
Location: sittin happy in the sun :-)
3,645 posts, read 7,146,653 times
Reputation: 1877

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its definitely picking up. the home I have/had in CC was on the MLS for 11 days and is now pending. in that time we had numerous phone calls , 6 viewings and 2 offers !
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Old 01-22-2012, 07:51 AM
 
Location: Port Charlotte
378 posts, read 628,864 times
Reputation: 281
Thanks SoFLGal for the data. It being such a busy season it is nice of you and the other Realtors on the forum to take the time.
I see that local builders are building houses on spec again. That must be a good sign for the market.
Congrats to the Sunshines on such a quick pending sale. That makes your investment worth the effort.
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Old 01-22-2012, 01:55 PM
 
Location: In a little house on the prairie - literally
10,202 posts, read 7,916,433 times
Reputation: 4561
Default Tax on deficientcy balances - effect on listings/prices

I just became aware of the capital gain tax that will be applied against short sales and foreclosures after Dec 31/12.

Any comments from the realtors on here how that will affect listings and pricing? Logic would dictate for those remaining underwater and stressed, that it would be better to sell this year, rather then wait.

An interesting twist that has not been part of the equation before.
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Old 01-22-2012, 08:29 PM
 
50 posts, read 128,126 times
Reputation: 49
Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.
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